Over the past decade, the population in zip code 60013 has remained relatively stable, with minor fluctuations. The median income has shown slight variations, ranging from around $110,000 to $114,000 per year. This high median income suggests that while there is a need for affordable housing, it may be less pronounced compared to areas with lower overall incomes.

The racial composition of the zip code has remained predominantly white, consistently above 80% throughout the decade. There has been a slight increase in Hispanic population, growing from 6% to 11% between 2013 and 2022. The Asian population has remained steady at around 1-2%, while other racial groups represent smaller percentages.

The introduction of the LIHTC project in 2017 aligns with a period of relative demographic stability in the area. This suggests that the affordable housing development was likely a response to an identified need within the community, despite the overall high median income.

Zip code 60013 in Cary, Illinois, has a single LIHTC-funded affordable housing project, Garden Place Apartment Homes, completed in 2017. This development provides 60 units, including 6 low-income units, representing a small fraction of the estimated housing inventory. The project received significant federal funding, averaging $22,266 per unit. While the area's median income is relatively high, the presence of this LIHTC project indicates recognition of diverse housing needs within the community. The stable population and gradual increase in Hispanic residents over the past decade may have influenced the decision to develop affordable housing in this zip code.